1939-D 5C Reverse of 1938 Jefferson Nickel
The 1939-D 5C Reverse of 1938 (Regular Strike) is one of the fascinating offerings in the Jefferson Nickel series, capturing both historical and numismatic intrigue. Minted at the Denver Mint, this coin is part of a transitional series from the later 1930s and is particularly celebrated for its unique design and scarcity.
Mint and Mintage
This coin is notable primarily because of its mintage during a year of transition – the era when the earlier Buffalo nickel reverse design was replaced by the modern version we recognize today. In 1939, two reverse designs were used. The "Reverse of 1938" design continued the older motif, which features a thicker tail and a more robust appearance overall. The 1939-D 5C Reverse of 1938 had a mintage of 3,514,000, which is relatively low compared to other nickels, adding to its collectible appeal.
Rarity and Value
The 1939-D Jefferson Nickel with the Reverse of 1938 is considered rare, particularly in higher grades. Its rarity can be attributed to its limited mintage and the transitional nature of its design. Collectors avidly pursue this coin, with its value significantly increasing in uncirculated grades.
Notable Sales and Values
The auction records for 1939-D 5C Reverse of 1938 coins illustrate their numismatic significance, fetching hundreds of dollars in MS65 and higher. For example, a specimen graded by the Professional Coin Grading Service (PCGS) at MS66 might achieve remarkable auction prices, occasionally exceeding $1,000 depending on its strike and eye appeal. Sales records show these coins performing well in high-profile auctions due to their scarcity and historical significance.
Historical Context
From a historical perspective, the 1939-D 5C Reverse of 1938 serves as a testament to the United States Mint's transitional period, which sought to modernize designs yet maintain distinctive American symbolism. The Jefferson Nickel was introduced in 1938, replacing the Indian Head or Buffalo Nickel, and it highlighted Jefferson’s legacy alongside the depiction of Monticello.
Numismatic Insight
Numismatists appreciate the 1939-D Reverse of 1938 for its alignment with the original design elements prior to the reverse's redesign. This variant is particularly fascinating for those interested in transitional die varieties, demonstrating the intricate evolution of U.S. coinage. The coin's allure lies in its blend of historical significance and the aesthetic appeal of its earlier design.
PCGS Information
For those tracking this coin's specifics, it's essential to note its PCGS identification, where it holds the PCGS number of 4005. PCGS certification and grading add substantial value and authenticity to these coins, making them a cornerstone for serious collectors. In essence, the 1939-D 5C Reverse of 1938 is a remarkable piece of numismatic history, remembering the transitional design nuances of the late 1930s, and presenting collectors an opportunity to own a part of this legacy. The coin remains an attractive acquisition for those passionate about U.S. coinage's evolution and the art that accompanies it.
